Managerial Accounting Chapters 11-13 Chapter 10 – 3 Relevant costs are costs that are avoidable by choosing another alternative. If a variable cost differs between alternatives in a decision‚ than it is relevant; however‚ it is not necessarily true that ALL variable costs are relevant. Chapter 10 – 7 Prentiss would need to isolate the unavoidable costs of the product line first. A decision of whether a product line or other segment should be dropped should focus on the differences in the
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Chapter 13 Segment and Interim Reporting Multiple Choice Questions Wakefield Company uses a perpetual inventory system. In August‚ it sold 2‚000 units from its LIFO-base inventory‚ which had originally cost $35 per unit. The replacement cost is expected to be $45 per unit. The company is planning to reduce its inventory and expects to replace only 1‚500 of these units by December 31‚ the end of its fiscal year. The company replaced 1‚500 units in November at an actual cost of $50 per unit. 1
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Hanna’s and Clays dual narrative enhance goes by they tell each point of view in the story because its like he is not talking to anyone but himself and his conscious‚ it would’ve probably been the same way because that’s probably what most of them thought. If it was Tony he was going to think the same. I don’t think her reasons are of equal importance some people are on the list for playful reasons. The main one I found unexpected was when Bryan walker molested her. I think all thirteen reasons are
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1) The Shapes of Human Communities 1. In 1500‚ the world had all different societies‚ gatherers and hunters to empires‚ but it was different 2. Paleolithic Persistence a) gathering and hunting societies (Paleolithic peoples) still existed throughout the world but they had changed over time b) b. had new & improved technologies and ideas‚ e.g.‚ outrigger canoes‚ fish hooks‚ etc (had not adopted agriculture) c) exchanged goods over hundreds of miles and developed
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There were thirteen original colonies in the North American region. The first English colonies settled off the coast of the Atlantic and started expanding west. The colonies have been placed into three regions the New England colonies‚ Middle colonies‚ and the Southern colonies. New England colonies consisted of (New Hampshire‚ Rode Island‚ Connecticut‚ and Massachusetts). The Middle colonies consisted of (New York‚ Pennsylvania‚ New Jersey‚ and Delaware). The Southern colonies consisted of (The
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Question 1 Not yet graded / 14 pts Describe an instance when George Washington exhibited either exemplary leadership or naive ineptitude while leading troops against the British during the American Revolution. Your Answer: An instance when George Washington exhibited naive ineptitude was when he proceeded to lead his troops against the British with an uncared-for army. Washington‚ unfortunately‚ continued to lead his troops during the harsh winter‚ and they ultimately faced illness and frostbite
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CHAPTER 13 CAPITAL STRUCTURE AND LEVERAGE (Difficulty: E = Easy‚ M = Medium‚ and T = Tough) Multiple Choice: Conceptual Easy: Business risk Answer: c Diff: E [i]. A decrease in the debt ratio will generally have no effect on . a. Financial risk. b. Total risk. c. Business risk. d. Market risk. e. None of the above is correct. (It will affect each type of risk above.) Business risk Answer: d Diff: E [ii]. Business risk
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Accounting Regulatory Bodies The success of an organization relies heavily on accounting. Investors are extremely important to publicly traded companies‚ and they rely on accurate accounting documents when choosing whether or not they want to invest in a company. Several accounting regulatory bodies exist‚ and each of them plays an important role in accounting and the effects that accounting has on an organization. The primary goal of these regulatory bodies is to establish a set of rules and
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In the 1600’s and 1700’s‚ the economies of the northern and southern colonies were affected due to many different factors. Because of the different climates and geography of their land‚ the northern colonies and southern colonies had different resources available to them‚ which shaped their societies into what they are today. The resources available to the northern colonies were completely different from the resources that were available to the southern colonies. In the northern colonies‚ due
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The book of 2 Samuel tells the story of King David and his rise to power‚ as well as reign- the good and the bad. The focus here will be on 2 Samuel‚ chapters eleven through thirteen‚ which depict some of the darker times in David’s rule. The theme of these three chapters is God’s modeling of King David. This theme develops throughout the three chapters with the disobedience and punishment of David. God creates laws for His children not because he wants to restrict us‚ but because he desires
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